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Drug Cost Management Report

The state of Pennsylvania was advised not to pursue the Pharmacy Plus waiver, a Medicaid waiver program

The state of Pennsylvania was advised not to pursue the Pharmacy Plus waiver, a Medicaid waiver program – State News in Brief * The state of Pennsylvania was advised not to pursue the Pharmacy Plus waiver, a Medicaid waiver program unveiled by the U.S. Department of Health and Human Services (HHS) in January. Actuarial consultants […]

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Drug Cost Management Report

DTC-advertised drugs are more likely to be subject to PAR

DTC-advertised drugs are more likely to be subject to PAR – direct-to-consumer; prior authorization requirement Numerous studies indicate that physicians are receiving increased requests from patients for specific drug products advertised in the consumer media. And research indicates that physicians often prescribe the requested drug. Drugs that are advertised to the consumer are typically new, […]

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Drug Cost Management Report

Alabama Medicaid plans to phase in a preferred drug list starting November 2003

Alabama Medicaid plans to phase in a preferred drug list starting November 2003 – Brief Article * Alabama Medicaid plans to phase in a preferred drug list starting November 2003. The PDL will implement generic substitution for Prozac, Zoloft and other brands. Patients can continue to get nonpreferred medications if their doctor gets an exception […]

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Drug Cost Management Report

Blue Cross Blue Shield of Michigan has mailed another 5,000 generic drug coupons

Blue Cross Blue Shield of Michigan has mailed another 5,000 generic drug coupons – Brief Article * Blue Cross Blue Shield of Michigan has mailed another 5,000 generic drug coupons, on top of the 10,000 it mailed earlier in the year. The coupons are directed at members who use one of 30 products that have […]

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Drug Cost Management Report

Option Care, Inc., parent of specialty pharmacy company OptionMed, reported a 27% increase in total revenues

Option Care, Inc., parent of specialty pharmacy company OptionMed, reported a 27% increase in total revenues – Brief Article * Option Care, Inc., parent of specialty pharmacy company OptionMed, reported a 27% increase in total revenues to $92.6 million for the quarter that ended Mar. 31, 2003. Specialty pharmacy service revenues were $57 million for […]

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Drug Cost Management Report

First Health Services Corporation has a new contract with the state of Nevada – FHSC

First Health Services Corporation has a new contract with the state of Nevada – FHSC – Contracts and Alliances in Brief * First Health Services Corporation (FHSC) has a new contract with the state of Nevada. The state will utilize First Health Services’ clinical management services, PBM services and its new Web-enabled Medicaid Management Information […]

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Drug Cost Management Report

The Food and Drug Administration has taken action to restrict imports of certain prescription drugs – FDA – Product News in Brief

The Food and Drug Administration has taken action to restrict imports of certain prescription drugs – FDA – Product News in Brief – Brief Article * The Food and Drug Administration (FDA) has taken action to restrict imports of certain prescription drugs in the interest of patient safety. Certain drugs that require specified controls have […]

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Drug Cost Management Report

WHI’s Advantage90 program offers some savings, but not as much as mail

WHI’s Advantage90 program offers some savings, but not as much as mail – Walgreens Health Initiatives Walgreens Health Initiatives (WHI), the PBM unit of the Walgreens drug store chain, is allowing members to purchase a 90-day supply of maintenance medications at their retail pharmacy. Previously a 90-day supply could be obtained only via mail-order pharmacies, […]

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Drug Cost Management Report

Andrx Corporation is offering a prescription drug assistance program for Altocor extended release tablets for cholesterol therapy – lovastatin – Drug Cost Strategies in Brief

Andrx Corporation is offering a prescription drug assistance program for Altocor extended release tablets for cholesterol therapy – lovastatin – Drug Cost Strategies in Brief – Brief Article * Andrx Corporation is offering a prescription drug assistance program for Altocor (lovastatin) extended release tablets for cholesterol therapy. The SAVE (Select Altocor for Value & Effectiveness) […]

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Drug Cost Management Report

Expanding cholesterol drug market leads to increased health plan costs; get ready for super-statins

Expanding cholesterol drug market leads to increased health plan costs; get ready for super-statins Cholesterol-lowering drug products represent almost 8% of total PBM drug expenditures, as of the AIS third quarter 2002 PBM survey (figure 1). According to our data, spending on cholesterol products has now surpassed hypertension drug expenditures to become the third largest […]